South State Correspondent

MARCH 15, 2023

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

social media 195

social media FDIC Branding Management 195

CFPB Monitor

AUGUST 20, 2020

FFIEC : On June 5, 2020, the members of the FFIEC (FDIC, OCC, Federal Reserve Board (“FRB”), CFPB, NCUA and the State Liaison Committee) issued an unprecedented statement on the importance of financial inclusion. This blog post contains a summary of those efforts.

Regulation 78

Regulation FDIC Community Lending 78

Independent Banker

JULY 30, 2015

An interview with Paul McGuire, ICBA’s executive vice president, national solutions group. While all of ICBA’s members are FDIC-insured, the association represents Federal Reserve member banks, nationally chartered banks and state-chartered institutions. Meet ICBA’s Membership Contact. Paul McGuire. Email: paul.mcguire@icba.org.

Resources 70

Resources Tools Community Bank Community 70

Cisco

JULY 12, 2022

a few agencies include the Federal Reserve (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller (OCC), and the Consumer Financial Protection Bureau (CFPB). Cisco tools that can satisfy regulatory governance requirements. In the U.S.

Regulation 71

Regulation FDIC System Software 71

PYMNTS

NOVEMBER 18, 2019

recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, per Federal Deposit Insurance Corp (FDIC) data. 1 when City National Bank of New Jersey closed its three branches. The most recent failure was on Nov. Elavon Spends $300M For Sage Pay.

System 100

System New Jersey Payments Apple 100

PYMNTS

SEPTEMBER 21, 2020

percent of FIs believe AI is an effective tool for stopping fraud before it happens. The greenfield opportunity is there, as detailed in an interview between Karen Webster and Amyn Dhala, vice president of global product management and AI Express for Mastercard. Joint PYMNTS/Brighterion research found that 63.6

Fraud 347

Fraud Report System FDIC 347

Abrigo

NOVEMBER 22, 2021

The Conference of State Bank Supervisors recently released an interactive tool to help lenders compare state consumer lending requirements. Numerous regulatory resources go into detail, including fair lending videos from the FDIC and examination procedures published on the Consumer Financial Protection Bureau’s website.

Compliance 195

Compliance Lending Risk Management Regulation 195

CFPB Monitor

MAY 7, 2020

The Bureau also notes that new tools continue to be developed to explain AI decisions and “hold great promise…to facilitate use of AI for credit underwriting compatible with adverse action notice requirements.”

Lending 78

Lending Report FDIC Policies 78

CFPB Monitor

OCTOBER 29, 2020

The OCC has issued a final rule to address when a national bank or federal savings association should be considered the “true lender” in the context of a partnership with a third party. The “true lender” rule interprets the provisions of the National Bank Act (NBA), the Federal Reserve Act, and the Home Owners’ Loan Act (HOLA) (12 U.S.C.

National 60

National Lending Exercises FDIC 60

PYMNTS

JANUARY 9, 2018

Community banks are much better positioned to provide personalized service to small business customers; large national banks simply aren’t equipped or motivated to do so.”. The FDIC’s Advisory Committee on Community Banking offered a platform through which community bankers could highlight these challenges.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

AUGUST 7, 2019

Regulatory efforts through the Office of the Comptroller of the Currency aim to connect FinTechs with the opportunity to apply for a national bank charter, an initiative that has been met with criticism and legal action. Meanwhile, in the U.S., the emergence of new banks is few and far between. On The Open Banking Path.

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Fintech Strategy Resources Payments 181

PYMNTS

DECEMBER 14, 2018

Among those agencies, alphabetically speaking: the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), the Financial Crimes Enforcement Network (FinCEN) and the National Credit Union Administration.

Compliance 148

Compliance Innovation FDIC Examples 148

CFPB Monitor

DECEMBER 7, 2022

Lisa Rice, President and CEO, National Fair Housing Alliance; Mr. Marc H. Morial, President and CEO, National Urban League; The Honorable Byron Donalds (R-FL), United States House of Representatives; Mr. Devon Westhill, President and General Counsel, Center for Equal Opportunity; and Ms. The witnesses included: Ms.

Community 78

Community Compliance Industry National 78

Abrigo

MARCH 17, 2022

Prudent stress testing as a risk management tool helps the enterprise see where the potential pitfalls are in their plans. The Federal Reserve Board, OCC, and FDIC provided two hypothetical scenarios: baseline and severely adverse. The stress test scenarios present hypothetical levels on common national level economic factors.

Capital 195

Capital Regulation Risk Management Community 195

PYMNTS

JUNE 14, 2018

That got Brisker thinking: Although there are many useful digital payments tools on the market, there’s nothing that really replaces cash in the way we know it. While tools like Venmo, PayPal and Square have their place, Brisker said they function more like a virtual check; they’re focused on sending a payment to somebody you know.

Tools 118

Tools Virginia Cards Payments 118

Independent Banker

DECEMBER 13, 2015

Good news: The FFIEC Cybersecurity Assessment Tool is still voluntary. Better news: In October, the Financial Services Sector Coordinating Council completed a user-friendlier Excel version, called the FSSCC Automated Cybersecurity Assessment Tool, which the Federal Financial Institutions Examination Council will rule on.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Good news: The FFIEC Cybersecurity Assessment Tool is still voluntary. Better news: In October, the Financial Services Sector Coordinating Council completed a user-friendlier Excel version, called the FSSCC Automated Cybersecurity Assessment Tool, which the Federal Financial Institutions Examination Council will rule on.

Tools 70

Tools Community Community Bank Security 70

FICO

DECEMBER 20, 2018

Indeed, we are already starting to see signs of distress among community and regional banks that lack the advertising budgets and sophisticated digital capabilities of the big national banks. In response to this competitive pressure, top 100 banks will invest in an area that has been neglected for too long — deposit pricing strategy.

Trends 73

Trends Lending Fraud Exercises 73

Jeff For Banks

OCTOBER 4, 2014

Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. The cash management specialist wanted to advance the product set so corporate customers could use their own interface with the banking core system instead of using the bank''s online banking tool. Was Vanguard a disruptor?

Technology 104

Technology Cyber Security FDIC Strategy 104

MyBankTracker

AUGUST 5, 2020

To provide greater convenience to members, PSECU offers consumer-friendly ATM access and anytime, anywhere digital banking tools. PSECU’s member-friendly ATM rebates, partnership with the CO-OP ATM network, and digital banking tools are likely more than enough to complete essential banking transactions. ATM Access. Conclusion.

Pennsylvania 52

Pennsylvania ATM FDIC Cards 52

PYMNTS

JANUARY 25, 2018

trillion in cash in 2015, a higher rate than that of Western European nations. According to the Federal Deposit Insurance Corporation (FDIC)’s Consumers and Mobile Financial Services 2016 report, approximately 9 percent of Americans do not have access to banking services like checking, savings or money market accounts. commerce today.

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ATM Millennials FDIC New Jersey 100

MyBankTracker

DECEMBER 17, 2020

Ally Bank Online Savings Account Useful savings tools and features. Personal Capital In-depth investment and retirement planning tools. Ally Bank Solid suite of deposit products with consumer-friendly tools. Woodforest National Bank Large branch network. TCF National Bank Focus on financial wellness and literacy.

ATM 52

ATM Cards FDIC Online 52

Independent Banker

SEPTEMBER 26, 2014

Buhrmaster, president of 1st National Bank of Scotia, in Scotia, N.Y. “As These issues are addressed through the administration of the nationally acclaimed Senior Crimestoppers program to low- and moderate-income residents in nursing homes, Housing and Urban Development Department communities and Veterans Department homes.

Community 101

Community Resources Community Bank Video 101

Abrigo

JUNE 2, 2021

The most important tool and a BSA Officer’s guide to success is the Federal Financial Institutions Examination Council ( FFIEC) BSA Examination manual. The outcome should be a satisfactory rating from the examiners, but what preparation should a BSA Officer take to get these highly sought-after results?

How To 195

How To Training Compliance Policies 195

Independent Banker

JULY 29, 2016

With congressional candidates and incumbents across the nation in full campaign mode this summer, this is an excellent opportunity to share how ICBA is affecting what is already a dramatic election season. FDIC Assessment Rules. Keeping community banking interests front and center. By Courtney Schoenborn. De novo formations.

Community Bank 70

Community Bank Community Washington FDIC 70

MyBankTracker

NOVEMBER 19, 2020

Why we like it: Earn one of the nation’s top money market rates with no monthly fees. Since there are no physical branches, digital banking tools are crucial to helping customers access and manage their CIT Bank accounts. Deposit Insurance Fund (DIF): Protecting Deposits in Addition to FDIC Insurance.

Banking 2020 52

Banking 2020 ATM Online Marketing 52

FICO

MAY 6, 2019

The Federal Reserve, OCC and FDIC have all recognized the importance of such careful monitoring, and issued regulatory guidance (SR 11-7 and OCC 11-12) that requires lenders to validate their models annually. An Effective Rank Ordering Tool Through The Cycle. FICO ® Scores have improved for many consumers over the past 10 years.

Lending 75

Lending Trends FDIC Data 75

Independent Banker

AUGUST 26, 2015

The bank’s mortgage company has developed a national retail lending presence over the last 18 months using phones and email, rather than branch offices. “We Webster says FDIC officials had “no issue” with the mortgage company’s use of electronic signatures during a recent exam of PrivatePlus Mortgage.

San Francisco 70

San Francisco Lending System Atlanta 70

MyBankTracker

DECEMBER 4, 2020

Opening an account means that you’ll receive a competitive interest rate that’s higher than the national average. SaveBetter accounts are FDIC-insured. Savings accounts are an invaluable tool for managing and growing your money. A high-yield savings account with Ponce Bank solves this problem.

Mobile 52

Mobile Online FDIC Management 52

Gonzobanker

AUGUST 22, 2014

Mid-size banks are in the proverbial catbird seat – they can offer most of the products and sophistication of the top national banks combined with the service culture, community involvement, and local market knowledge of a smaller community bank.

Strategy 87

Strategy United States Community New York City 87

Filene

JULY 18, 2018

The lack of access to culturally relevant, fair, dignified – and vital – financial education, products and services is made worse by a cloudy legislative commitment to fixing the nation’s broken immigration system. The FDIC says more than 45 percent of Hispanic households were unbanked or underbanked in 2015.

Community 28

Community Study Resources Lending 28

Filene

JULY 15, 2016

It’s not just giving someone money--it enables them to use that money in the smartest way possible, through business education courses that can focus on business planning, marketing, budgeting--all the tools a small business owner needs to be successful. It addresses the holistic needs of a small business owner.

Community 28

Community FDIC Meeting Lending 28

American Banker

AUGUST 8, 2016

Under pressure from regulators to beef up risk management in commercial real estate lending, banks are using new software tools to improve analysis.

Big Data 28

Big Data Risk Management Data Analysis 28

Independent Banker

MARCH 15, 2015

FDIC Advisory Committee on Community Banking, member. National Management Association/Grand Lake chapter, treasurer and president. Then there is manufacturing, particularly companies relying on skilled labor, such as tool makers and fabricators. ICBA Services Network Board of Directors, member. Membership-Marketing.

Ohio 70

Ohio Community Bank Community Lending 70

CB Insights

DECEMBER 4, 2019

As a result, the company has built and launched tools that aim to: Increase the number of merchants on Amazon, and enable each merchant to sell more. The 2017 FDIC National Survey of Unbanked and Underbanked Households shows: Approximately 6.5% Increase the number of customers on Amazon, and enable each customer to spend more.

Cards 101

Cards Lending Strategy US 101